This paper studies household beliefs during the recent US housing boom. The first part presents evidence from the …

household electricity demand that addresses these difficulties. We estimate the model using data for a representative sample of … consumers respond to price changes. Several interrelated problems complicate demand analyses of these markets, including … California households, and summarize how electricity demand elasticities vary in that state. We then use the model to analyze the …

effects of other indebtedness, household income, and the size of the program subsidy …

. We then describe the patterns found in the data and argue that firm and market specific demand shocks help explain a …

regarding aggregate productivity. The shock to this public signal, or "news shock," has the features of an aggregate demand … productivity. Agents are hit by heterogeneous productivity shocks, they observe their own productivity and a noisy public signal … the economy following an aggregate productivity shock are also affected by the presence of imperfect information: after a …

increased competition from demand shocks in export markets - and the induced product mix reallocations - induce productivity … changes within the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity are substantial - and …

in labor force participation has been accompanied by changes in allocation of time to various activities in the household … as well. Since the proportion of women in the labor force has been rising, the average amount of time input to household … tasks by all women has been declining over the last 50 years. It is valuable to analyze this in the household production …

We investigate how the deterioration of household balance sheets affects worker productivity, and whether such effects …

importance of demand and supply-side factors in explaining the fall in trade. In particular, we decompose the fall in …